ADB to provide another $150m for CMSMEs Another overseas support for the cottage, micro, small and medium enterprises (CMSMEs) is coming from the Asian Development Bank to facilitate the post-Covid recovery of the ailing industries. The Manila-based lender will provide US$150 million worth of loans for supporting the country’s CMSMEs
Read MoreBangladesh Bank intensifies intervention as dollar hits new high The central bank has intensified its efforts to keep the exchange rate of the local currency stable in the face of rising demand for US dollars. Bangladesh Bank has sold about $1.38 billion worth of US dollars so far this fiscal
Read MoreDiversified products, new EPZs to net in more FDIs Bangladesh is developing a new EPZ for attracting more foreign direct investment (FDI) with diversified products, as investors queue up for plots amid economic bounceback, says a top official. Executive Chairman of Bangladesh Export Procession Zones Authority (BEPZA) Major General Nazrul
Read MoreStocks slump amid panic sales The key index of the country’s premier bourse yesterday dropped to its lowest point since August 31 due to panic sales among investors influenced by rumours and recent market trends. The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), fell by 482 points,
Read MoreDhaka Bank held Business Review Meeting-2021 for Sylhet Region Branches Dhaka Bank Limited held the Business Review Meeting-2021 for its Sylhet Region Branches at Nazimgarh Garden Resort in Sylhet recently, with Abdul Hai Sarker, chairman of the bank, as the chief guest. Managing Director & CEO Emranul Huq presided over
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